Hey tech billionaires, if you want to talk about radical change, let’s abolish venture capitalism

Jure Repinc@lemmy.ml to Technology@lemmy.world – 698 points –
Hey tech billionaires, if you want to talk about radical change, let’s abolish venture capitalism| Samantha Floreani
theguardian.com

Do you support sustainability, social responsibility, tech ethics, or trust and safety? Congratulations, you’re an enemy of progress. That’s according to the venture capitalist Marc Andreessen.

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I ask the reader, if you could live in any country in the world, what country would that be? Seriously think about it for a moment. Take your time. ... Now, note if the country you just chose is capitalist or not, it almost certainly is.

Yes, capitalism has flaws, but we have yet to see a better system.

Because capitalist countries keep using their massive wealth to dismantle socialist/communist countries. Just look at the history of US interventions in Latin/South America, which replaced a lot of democratically elected leftists with murderous dictators so we could have cheaper bananas.

Also it's a lot harder to create a system that works for everyone instead of an oligarchy run by the wealthy. The reason so many countries slide into capitalism is because it's a pit that self-interested parties are constantly trying to drag people in

It was called the Cold War... jeez, you guys love trotting out one side of a conflict.

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Is China dismantled? No, the CCP enshittified their country all by themselves.

China is hardly the ideal country for any Leftist who is not a tankie.

But they are socialist and successful. You don't get to real Scotsman every example that doesn't fit your narrative

If American Leftists don't wish to recreate China, then China is hardly what they stand for; they are not responsible for what people on the other side of the planet have done, and are not obligated to answer for their decisions over the last 60 years.

The number of billionaires in China is increasing, the fact that they're enshittifying is because they're getting more capitalist not less

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